📊 WHAT TRADERS SHOULD WATCH TODAY 📊
🔹 **XAU/USD (Gold)**
3900 is the key support level. A decisive break could open the path toward 3800. However, RSI is approaching oversold territory, so sharp short-covering rallies are possible.
🔹 **USD/JPY**
A stronger U.S. Dollar continues to support the pair. As long as the Fed remains hawkish, upside pressure may persist.
🔹 **EUR/USD**
The pair remains under pressure from broad-based dollar strength. Further weakness in EUR/USD would confirm continued bullish momentum in the U.S. Dollar.
💡 Key Theme: Hawkish Fed + Strong Dollar = Bearish for Gold, Supportive for USD Pairs.
#XAUUSD #USDJPY #EURUSD #Forex #Gold #Trading #MarketUpdate
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